Tony Roma's
Ribs, steak, seafood

Tony Roma's
Ribs, steak, seafood

About
Founded

1972

Franchising Since

1979 (40 Years)

Corporate Address

11315 Corporate Blvd., #100
Orlando, FL 33027

CEO

Brad Schear

Parent Company

Romacorp

Financial Requirements
Initial Investment

$2,132,500 - $3,530,000

Net-worth Requirement

$3,000,000

Liquid Cash Requirement

$1,000,000

Ongoing Fees
Initial Franchise Fee

$40,000 - $40,000

Ongoing Royalty Fee

4%

Ad Royalty Fee

0.5%

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Email marketing

On-The-Job Training:

472 hours

Classroom Training:

21 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

60

Bio
Tony Roma’s was founded in 1972 when chef David Smith and Tony Roma experimented with Smith’s secret barbecue sauce in a little restaurant called Tony Roma’s in North Miami, Florida. A hit with customers, the barbecue taste is now the trademark of the more than 225 Tony Roma’s locations across the world.

Franchising since 1979, Romacorp Inc. offers franchises for the traditional Tony Roma’s restaurants as well as a more casual concept called Tony Roma’s Rib Grills. The company is based in Dallas.

Cost
Initial Investment: Low - $2,132,500 High - $3,530,000
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

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Updated: September 24th, 2019